Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
Career development with an international company where you can grow the career you dream of .
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with high employer contribution
Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
The Senior Buyer position works out of our Sylmar, CA location in the Cardiac Rhythm Management Division. As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias or irregular heartbeats.
We are seeking an experienced and highly motivated Senior Buyer to join our Global TPM Supply Planning Team, specializing in Remote Care and Accessories, based in Sylmar, CA
Working without appreciable direction, purchases TPM (Third Party Manufactured) Finished goods and services in conformance with approved purchase orders at the lowest cost consistent with considerations for quality, reliability of source and urgency of need. Provides support for all basic aspects of purchasing including but not limited to vendor negotiations, vendor analysis, cost reductions, utilization of the purchasing system, expedition of orders and vendor relations.
Maintains inventory at planned levels. Drives supply chain efficiency by planning, purchasing, and monitoring the transfer of finished products to distribution points Drives end-to-end supply chain efficiency by ensuring timely purchasing and availability of finished products at distribution centers.
What You'll Work On
Negotiates long term contracts which are not managed by the commodity management teams, within established limitations and scope of authority to obtain the most favorable business partnerships, including but not limited to quality, availability and cost.
Plans and schedules deliveries to optimize inventories in support of business demands by working with forecasting data/teams, planning teams, commodity teams and shipping/receiving teams.
Drive effective utilization and continuous optimization of planning systems by ensuring accurate, up-to-date product and material master data in the ERP system through regular maintenance and audits
Reviews purchase requisitions and confers with vendors to obtain product information such as price, availability and delivery schedule, reviewing quotes for accuracy and competitive strategies.
Implements process and procedure best practices by partnering with other functional leadership with the related product lines.
Establishes and cultivates an extensive network of support to facilitate completion of assignments.
Facilitates vendor corrective action and partners with SQE and suppliers to improve quality.
Participates in Research and Development meetings, developing and implementing action plans to support requirements bringing new products expeditiously to market.
Recommends pricing strategies to achieve department operating goals.
Creates and maintains mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, usually being the single source of contact for the vendor.
Investigates and recommends new vendors.
Performs as purchasing subject matter expert for internal and external customers due to extensive knowledge of purchasing and product line operations.
Provides coaching and mentoring to junior members of the purchasing team.
Monitors supplier performance, communicates and takes action to maintain high levels of supplier performance.
Maintains and updates supplier databases as required.
Generates highly complex reports and performs data analysis to proactively plan or resolve issues.
Works with inventory management/warehouse management to resolve issues.
Lead special projects as requested to reduce cost, increase efficiency, etc.
May processes some or all of the following: rejected components/corrective action, returns, debit memos, etc.
Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
Exercises judgment in selecting innovative, practical methods to achieve problem resolution. Failure to obtain results or erroneous decisions or recommendations would typically result in serious delays and considerable expenditure of resources.
Required Qualifications
Bachelors Degree Business, Supply Chain or related OR an equivalent combination of education and work experience
Minimum 5 years- Progressively responsible experience in purchasing/commodity management.
Minimum 3 years- Working in a highly regulated environment preferred. Working with purchasing/commodity mgt. software.
Experience negotiating terms purchasing agreements.
Experience working in a broader enterprise/cross-division business unit model preferred. Ability to work in a highly matrixed and geographically diverse business environment. Ability to work within a team and as an individual contributor in a fast-paced, changing environment. Ability to leverage and/or engage others to accomplish projects. Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization. Multitasks, prioritizes and meets deadlines in timely manner. Strong organizational and follow-up skills, as well as attention to detail.
Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Exercises judgment within generally defined practices and policies in selecting methods and techniques for obtaining solutions.
Has a sound knowledge of a variety of alternatives and their impact on their business unit.
Ability to travel approximately 10%, including internationally.
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbottand on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is $86,700.00 – $173,300.00. In specific locations, the pay range may vary from the range posted.